Guidance on ensuring your business is built on foundations of good governance.
TT Club is committed to supporting it's Members as they work towards bettering their operations in relation to environmental, societal and governance concerns.
StopLoss: due diligence
The importance of implementing robust due diligence procedures, incorporating all aspects of your business, cannot be underestimated as key risk mitigation.
TT Club identified RightShip as a key partner in delivering valuable insight and practical tools for Members to take their journey to net zero emissions. Focused towards port and terminal operators, RightShip provides access to a variety of risk solutions covering safety and sustainability. As a profit for purpose organisation, there are many synergies between TT Club and RightShip, both passionate about the industry we serve and assisting in the delivery of a sustainable future.
As a provider of sustainability tools built for freight forwarders, Pledge were identified as a key partner for TT Club in the delivery of the ESG toolkit. In particular, the addition of an emissions calculator enabling freight forwarders to add accredited emissions measurement, reporting and offsetting to their services. Providing global coverage across all modes of transport, Pledge’s tools are a valuable resource for all in the freight forwarding community.
TT Club and BSI have partnered for a number of years, particularly around the topic of supply chain security. BSI deliver world-class environmental, health and safety, security and sustainability services to the industry, and have become a key partner for TT Club in the context of the ESG toolkit.
How can carbon credits help you?
Carbon credits are seen by several organisations as a crucial element towards achieving global net zero emissions by 2050, but despite earning a billion-dollar valuation from global companies, carbon credits have long struggled to inspire confidence. Some environmental groups approach carbon markets with scepticism, claiming that they allow companies to appear as though they are leading on climate action, when in fact they are not. In fact, the Science Based Targets initiative (SBTi) does not allow achieving short-term carbon reduction targets using carbon credits and by 2050 only up to 10% is allowed to be achieved through removal credits. Recently, the European Union also banned advertising of products and services as “carbon neutral” if the neutrality was achieved using carbon credits.
TT brief: due diligence
A short summary looking at the benefits of using due diligence to vet your subcontractors and mitigate the risk of losses
Poster - Due Diligence
When you rush, the risk increases. Even if it’s only a one-off transaction there may be something
you find that requires further action to mitigate the risk.
Poster - Business email compromise
With business transactions and communication handled almost exclusively online in today’s fast-paced digital environment, there is an increased risk of fraud, making due diligence more critical than ever. This document looks at the most common methods of payment fraud in the global supply chain and the preventative measures you can take to mitigate the risk.